Teachers Advisors LLC lifted its position in Graphic Packaging Holding Company (NYSE:GPK) by 50.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 865,737 shares of the industrial products company’s stock after purchasing an additional 291,887 shares during the period. Teachers Advisors LLC owned about 0.28% of Graphic Packaging Holding worth $11,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bronfman E.L. Rothschild L.P. raised its position in Graphic Packaging Holding by 0.8% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company’s stock worth $112,000 after acquiring an additional 61 shares during the period. Neuberger Berman Group LLC raised its position in Graphic Packaging Holding by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 15,270 shares of the industrial products company’s stock worth $210,000 after acquiring an additional 123 shares during the period. Eagle Boston Investment Management Inc. raised its position in Graphic Packaging Holding by 1.5% during the second quarter. Eagle Boston Investment Management Inc. now owns 10,773 shares of the industrial products company’s stock worth $148,000 after acquiring an additional 163 shares during the period. American Trust Investment Advisors LLC raised its position in Graphic Packaging Holding by 0.6% during the second quarter. American Trust Investment Advisors LLC now owns 145,780 shares of the industrial products company’s stock worth $2,009,000 after acquiring an additional 900 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Graphic Packaging Holding by 10.2% during the first quarter. Envestnet Asset Management Inc. now owns 11,826 shares of the industrial products company’s stock worth $152,000 after acquiring an additional 1,097 shares during the period. Hedge funds and other institutional investors own 95.00% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://www.thecerbatgem.com/2017/10/01/teachers-advisors-llc-has-11-93-million-position-in-graphic-packaging-holding-company-gpk.html.

A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. BMO Capital Markets restated a “buy” rating and set a $15.50 price objective on shares of Graphic Packaging Holding in a research report on Friday, September 1st. DA Davidson restated a “buy” rating and set a $16.50 price objective (down from $17.50) on shares of Graphic Packaging Holding in a research report on Monday, August 21st. BidaskClub upgraded shares of Graphic Packaging Holding from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. Finally, Jefferies Group LLC restated a “hold” rating and set a $15.00 price objective (up from $14.00) on shares of Graphic Packaging Holding in a research report on Friday, July 14th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $15.54.

Shares of Graphic Packaging Holding Company (NYSE:GPK) opened at 13.95 on Friday. The firm has a market capitalization of $4.32 billion, a PE ratio of 25.88 and a beta of 1.15. The stock has a 50 day moving average of $13.18 and a 200-day moving average of $13.33. Graphic Packaging Holding Company has a 12 month low of $12.00 and a 12 month high of $14.19.

Graphic Packaging Holding (NYSE:GPK) last issued its earnings results on Tuesday, July 25th. The industrial products company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Graphic Packaging Holding had a net margin of 3.98% and a return on equity of 18.22%. The business’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.19 EPS. On average, equities research analysts anticipate that Graphic Packaging Holding Company will post $0.68 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Thursday, September 14th. Graphic Packaging Holding’s dividend payout ratio (DPR) is presently 54.55%.

Graphic Packaging Holding Company Profile

Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.

Want to see what other hedge funds are holding GPK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graphic Packaging Holding Company (NYSE:GPK).

Institutional Ownership by Quarter for Graphic Packaging Holding (NYSE:GPK)

Receive News & Stock Ratings for Graphic Packaging Holding Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphic Packaging Holding Company and related stocks with our FREE daily email newsletter.